James E. Stillman

Pujo Committee Hearings Begin: Money Trust Investigation Exposes JP Morgan Control of $22 Billion Through 341 Interlocking Directorships

| Importance: 9/10

The U.S. House Committee on Banking and Currency subcommittee headed by Rep. Arsène Pujo of Louisiana began hearings to investigate the “money trust”—a concentrated group of Wall Street bankers exerting powerful control over the nation’s finances. The investigation arose from …

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